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May 23, 2018, 03:26:05 PM |
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The technology of financial transactions and their use is rapidly changing with the advent of smart-phone
payments, financial apps, peer to peer lending, crowdfunding and crypto currencies. We anticipate
this trend will continue, especially through development and implementation of decentralized and or
distributed ledgers that will most likely become ubiquitous as protocols and a normal part of the web
user experience and reduce the use or replace the current financial tools available on and offline.
While costs of securing the ledger will be lowered by the development of different ledger implementations,
the costs and profits of issuing new money supply are distinct and always presents a systemic
problem for the particular currency, a problem that immediately affects its value and consequently its
price.
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